First National Bank of Omaha and Nebraska State Treasurer Don Stenberg are helping new account owners kick start their college savings just in time for 529 Day with the NEST 529 College Savings Plan $100 bonus program.
The program, which launches May 15 and runs through May 31, will award the first 100 new college savings accounts with a $100 bonus each, when using a promotional code available at NEST529.com/bonus100. To qualify, the new account must be opened for a beneficiary age 8 or younger with a minimum $100 contribution. Accounts can be opened both online and through the mail.
“As 529 Day quickly approaches, we are reminding families about saving for college and opening 529 accounts if they haven’t done so already,” said Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha. “Our goal is to encourage these families to prioritize saving by giving each a $100 bonus, serving as a head start for their children to one day attend their dream school.”
Each year, May 29 (5/29) is recognized as National 529 College Savings Plan Day. During the month of May, college savings plans around the country offer promotional and educational initiatives to help generate awareness of 529 plans.
“The sooner families begin saving for their children’s academic futures, the better prepared they will be for college expenses. By offering an incentive to take that all-important first step, we hope we can ease the financial burden, helping more children pursue higher education,” said Treasurer Stenberg, Trustee of NEST.
About NEST 529
NEST 529 is a tax-advantaged 529 college savings plan and provides four plans to help make saving for college simple and affordable: NEST Direct College Savings Plan, the NEST Advisor College Savings Plan, the TD Ameritrade 529 College Savings Plan, and the State Farm 529 Savings Plan. The Nebraska State Treasurer serves as Program Trustee. First National Bank of Omaha serves as Program Manager, and all investments are approved by the Nebraska Investment Council. Families nationwide are saving for college using Nebraska’s 529 College Savings Plans, which have more than 266,000 accounts, including over 86,000 in Nebraska. Visit NEST529.com and treasurer.nebraska.gov for more information.
About First National Bank of Omaha
First National Bank of Omaha is a subsidiary of First National of Nebraska. First National of Nebraska and its affiliates have more than $23 billion in assets and 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.